Foreign Capital and the Informal Sector: Comments
The first model of V. Chandra and M. A. Khan (1993) has been extended in the following directions: (1) migration equilibrium condition has been generalized; (2) capital market distortion has been introduced; and (3) land as an agricultural input has been considered. It appears that the Brecher-Diaz-Alejandro (1977) proposition may lose its validity in some special cases. Copyright 1997 by The London School of Economics and Political Science
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Volume (Year): 64 (1997)
Issue (Month): 254 (May)
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